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Overview
Practical Tips for Drafting and Negotiation
Under the right circumstances, triple net (NNN) leases can be a win-win for both landlords and tenants. Landlords can reduce financial risk by passing along costs, while tenants often benefit from lower base rent and greater control over the property. However, without a clear understanding of obligations and limitations, these leases can quickly become costly mistakes for either side. This program will give you a practical understanding of key provisions, common pitfalls, and current market trends - helping you protect your clients' interests and tap into the advantages of NNN leasing. Identify, draft, and negotiate the terms that matter most - register today!
- Weigh the benefits and downsides of NNN leases in today's market.
- Avoid mistakes that can lead to unforeseen expenses for both parties.
- Explore which lease terms you must negotiate to maximize benefit for your clients.
Abbreviated Agenda
- Triple Net Leases vs. Alternatives: Current Market and Legal Considerations
- Lease Term, Renewal, and Termination
- Use, Operational Flexibility, and Restrictions
- Dividing CAM Costs, Repair Costs, and Operating Expenses
- Maintenance and Repair Responsibilities
- Common Area Maintenance (CAM) Fees
- Property Tax and Insurance Allocation
- Expense Escalations and Limitations
- Audit Rights
- Default, Remedies, and Enforcement
- Liability Allocation and Indemnity
Credit Details
Credits Available
| Credit | Status | Total | Until |
|---|---|---|---|
| California MCLE Paralegal |
|
1.5 Total | 04-20-2028 |
| Alaska CLE |
|
1.5 Total | 04-20-2028 |
| Alabama CLE |
|
1.5 Total | 12-31-2026 |
| Arkansas CLE |
|
1.5 Total | 06-30-2026 |
| Arizona CLE |
|
1.5 Total | 04-20-2028 |
| California CLE |
|
1.5 Total | 04-20-2028 |
| Colorado CLE |
|
2 Total | 12-31-2028 |
| Connecticut CLE |
|
1.5 Total | 04-20-2028 |
| Delaware CLE |
|
1.5 Total | 04-20-2028 |
| Florida CLE |
|
2 Total | 10-31-2027 |
| Georgia CLE |
|
1.5 Total | 12-31-2027 |
| Hawaii CLE |
|
1.5 Total | 04-20-2028 |
| Iowa CLE |
|
1.5 Total | 04-20-2027 |
| Illinois CLE |
|
1.5 Total | 04-18-2028 |
| Indiana CLE |
|
1.5 Total | 04-20-2027 |
| Kansas CLE |
|
1.5 Total | 04-19-2027 |
| Kentucky CLE |
|
1.5 Total | 06-30-2026 |
| Maine CLE |
|
1.5 Total | 04-18-2028 |
| Minnesota CLE |
|
1.5 Total | 04-20-2028 |
| Missouri CLE |
|
1.8 Total | 04-20-2028 |
| Northern Mariana Islands CLE |
|
1.5 Total | 04-20-2028 |
| Mississippi CLE |
|
1.5 Total | 07-31-2026 |
| Montana CLE |
|
1.5 Total | 04-20-2029 |
| North Carolina CLE |
|
1.5 Total | 02-28-2027 |
| North Dakota CLE |
|
1.5 Total | 04-20-2029 |
| Nebraska CLE |
|
1.5 Total | 04-20-2028 |
| New Hampshire CLE |
|
1.5 Total | 04-20-2029 |
| New Jersey CLE |
|
1.8 Total | 02-04-2027 |
| New Mexico CLE |
|
1.5 Total | 04-20-2028 |
| Nevada CLE |
|
1.5 Total | 04-20-2029 |
| New York CLE |
|
1.5 Total | 04-20-2029 |
| Ohio CLE |
|
1.5 Total | 12-31-2026 |
| Oklahoma CLE |
|
2 Total | 04-20-2028 |
| Oregon CLE |
|
1.5 Total | 04-20-2029 |
| Pennsylvania CLE |
|
1.5 Total | 04-20-2028 |
| Rhode Island CLE |
|
1.5 Total | 06-30-2026 |
| South Carolina CLE |
|
1.5 Total | 12-31-2026 |
| Tennessee CLE |
|
1.5 Total | 04-19-2028 |
| Texas CLE |
|
1.5 Total | 03-31-2027 |
| Utah CLE |
|
1.5 Total | 12-31-2026 |
| Virginia CLE |
|
1.5 Total | 10-31-2026 |
| Vermont CLE |
|
1.5 Total | 04-20-2028 |
| Washington CLE |
|
1.5 Total | 04-19-2031 |
| Wisconsin CLE |
|
1.5 Total | 12-31-2027 |
| West Virginia CLE |
|
1.8 Total | 04-20-2028 |
| Wyoming CLE |
|
1.5 Total | 04-21-2027 |
| Delaware Certified Paralegal Program |
|
1.5 Total | 04-20-2027 |
| Florida Registered Paralegal |
|
1.5 Total | 10-31-2027 |
| Indiana Paralegal CLE |
|
1.5 Total | 04-20-2027 |
| Montana CLE Credit for Paralegals |
|
1.5 Total | 04-20-2028 |
| North Carolina Continuing Paralegal Education |
|
1.5 Total | 02-28-2027 |
| New Mexico Paralegal Division, State Bar of |
|
1.5 Total | 04-20-2028 |
| Ohio Certified Paralegals |
|
1.5 Total | 04-20-2027 |
| NFPA |
|
0 Total | 04-20-2027 |
| Texas State Bar of Paralegal Division |
|
1.5 Total | 04-20-2028 |
Select Jurisdiction
CLE
Paralegal
Agenda
-
Triple Net Leases: Landlord and Tenant Perspectives
- Triple Net Leases vs. Alternatives: Current Market and Legal Considerations
- Lease Term, Renewal, and Termination
- Use, Operational Flexibility, and Restrictions
- Dividing CAM Costs, Repair Costs, and Operating Expenses
- Maintenance and Repair Responsibilities
- Common Area Maintenance (CAM) Fees
- Property Tax and Insurance Allocation
- Expense Escalations and Limitations
- Audit Rights
- Default, Remedies, and Enforcement
- Liability Allocation and Indemnity
Who Should Attend
This program is designed for attorneys. Real estate professionals and paralegals may also benefit.
Speakers
Speaker bio
Andrew L. Crabtree
is the principal of the Law Offices of Andrew L. Crabtree, P.C., where his firm focuses on transactional and litigated real estate, landlord-tenant, construction and general commercial business matters. He has a broad background in residential condominium development and sales in commercial leasing; and represents commercial owners, developers, purchasers and tenants, including a national franchise chain in commercial leasing and landlord and tenant matters. Mr. Crabtree represents businesses and individuals in federal and state trial courts, as well as in arbitrations and before administrative tribunals involving commercial disputes, constitutional claims, partnership and shareholder disputes, breach of contract claims, business torts, unfair competition, employment claims, trade secrets and intellectual property cases. He also represents contractors, owners, developers, design professionals, municipalities and state agencies relating to public and private construction and development projects, mechanics' liens, commercial lease disputes and landlord-tenant matters. Mr. Crabtree is a member of the American Bar Association, New York State Bar Association and Suffolk County Bar Association. He earned his B.A. degree, magna cum laude, from the State University of New York at Albany and his J.D. degree from Fordham University Law School.
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